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Showing 8351 - 8360 of 22801 results for "Funds"

Failed industry fund merger laid bare at Royal Commission

KANIKA SOOD  |  FRIDAY, 10 AUG 2018
... between union interests and member interests, Wilson replied in negative. "The interest of unions and interests of members of funds are so aligned as to be indistinguishable, it's what we do," Wilson said. Earlier in questioning, counsel assisting ...

Royal Commission on social media: Former Treasurer weighs in

HARRISON WORLEY  |  FRIDAY, 10 AUG 2018
... difference between Chris Kelaher from IOOF, and Ian Silk from Australian Super is mind-blowing. The establishment retail funds representatives come across as stereotypical used car salesman. #BankingRC - David Taylor (@aus_employ_law) August 10, 2018 ...

Raiz beefs up security with AI

HARRISON WORLEY  |  FRIDAY, 10 AUG 2018
... Versive to deploy its security engine in the platform, which grows at over 20% per quarter. Now with more than $200 million in funds under management, Raiz said it wanted to increase its level of security. According to Versive, its technology is an upgrade ...

IOOF executives dismiss conflicts of interest

KARREN VERGARA  |  FRIDAY, 10 AUG 2018
... matter concerning FoFA reforms, the Commission found IOOF continued to charge shelf space fees calculated based on volume or funds under management to investment managers such as Aberdeen and AllianceBernstein, when it should not have. The fund managers ...

BNY Mellon partners for new fund, eyes Aussie retail market

KANIKA SOOD  |  FRIDAY, 10 AUG 2018
... country head Phillip Filippelis said the banking giant's Australian business has, to date, focused on superannuation funds and institutional investors. "Partnering with a well-respected group such as Pinnacle will enable Australian financial advisers ...

Asset consultant expands capital markets team

HARRISON WORLEY  |  FRIDAY, 10 AUG 2018
... at the G20 Investment and Infrastructure Working Group recently joined an asset consultant with more than $300 billion in funds under advice. Frontier Advisors appointed Philip Naylor to its capital markets team, in an effort to expand the firm's asset ...

Funds SA appoints chair, director

KANIKA SOOD  |  FRIDAY, 10 AUG 2018
... board as a director. Both spots opened up when former South Australia Deputy Premier and Treasurer Kevin Foley resigned as Funds SA's chair after about four years on the board. Paul Laband is taking over as the board's chair, effective mid-July. ...

Chief economist update: Betting on down rather than up?

BENJAMIN ONG  |  FRIDAY, 10 AUG 2018
... slide in the currency that could another set of problem for the RBNZ - i.e. it might have to raise interest rates to stop funds outflow and/or an unwanted surge in inflation. The New Zealand dollar is now trading at US$0.6595, down another 0.14% from ...

Commitment to ethical investing booms

KARREN VERGARA  |  THURSDAY, 9 AUG 2018
The majority of professionally managed funds in Australia are committed to responsible and ethical investments - a market that is close to approaching $1 trillion. Joint research from KPMG and Responsible Investment Association Australasia (RIAA) shows ...

Magellan funds record $331m profit

KANIKA SOOD  |  THURSDAY, 9 AUG 2018
Magellan's funds management business topped last year's profits by 33% as Hamish Douglass' stable of well-performing funds continued to collect performance fees and new investor money. Magellan's funds management business now has $59 ...